Applied GeneticAGTC stock fell by 5.56% on Friday after the company reported its Q4 earnings results on Thursday, September 23, 2021 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Applied Genetic beat their estimated earnings by 30.0%, which surprised analysts.
Revenue was up $500,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01, which was followed by a 12.24% increase in the share price the next day.
Here's a look at Applied Genetic's past performance and the resulting price change:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|---|
| EPS Estimate | -0.40 | -0.41 | -0.59 | -0.53 | -0.48 |
| EPS Actual | -0.28 | -0.40 | -0.60 | -0.60 | -0.56 |
| Price Change % | -5.56% | 12.24% | 4.75% | -12.17% | -4.37% |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Applied Genetic earnings and revenue guidance hasn't been issued for now.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
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